IL Workers Comp
Class Codes (By Number With Description)

Need Commercial Insurance?

Request A Quote

IL workers comp class codes are four digit numbers assigned by The National Council on Compensation Insurance (NCCI). Illinois workers compensation classification codes contain your industries injury rates & are used to determine your base premium cost.

Illinois Workers Compensation Classification Codes

IL Workers Comp Class Codes

So what are IL workers com class codes? Illinois Department of Insurance uses workers compensation classification codes created by the National Council on Compensation Insurance (NCCI), an organization that according to them: "gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations."

According to WikipediA: The NCCI annually collects data covering more than four million workers compensation claims and two million policies. The bureau uses this information to provide:

For example, for a roofer, tree trimmer, or demolition company, the cost could be $17 per $100 in payroll, or even higher. On the other hand, the cost to cover a attorney, accountant or real estate agent could be under $0.20 per $100 of their payroll. So, for an employee that earns $40,000 a year, a blue collar contracting company could pay around $6800, where a white collar business may pay just $80. It all depends on the risk or injury associated with the code.

Workers Compensation Insurance Information

According to the Illinois Workers' Compensation Commission, all Illinois employers with one or more employees are required to maintain workers' compensation coverage. All questions regarding these requirements, workers' compensation claims or benefits should be directed to the Department of Workers' Claims.

According to the Illinois Workers' Compensation Act: "Employers must:

  1. Obtain workers' compensation insurance or get permission to self-insure;
  2. Post a notice in each workplace that lists the insurance carrier and explains workers' rights:
  3. Keep records of work-related injuries and report to the Commission those accidents involving more than three lost workdays;
  4. NOT harass, discharge, refuse to rehire, or in any way discriminate against an employee for exercising his or her rights under the law;
  5. NOT charge the employee in any way for workers' compensation insurance premiums or benefits that the employer is required to pay.

And According to Illinois Handbook on Workers' Compensation and Occupational Diseases: "By law, the employer is responsible for the cost of workers' compensation benefits. Most employers buy workers' compensation insurance, and the insurance company pays the benefits on the employer's behalf. No part of the workers' compensation insurance premium or benefit can be charged to the employee. Other employers obtain the state's approval to self-insure, which means that the employer will be responsible for paying its own claims."

For more info including coverages and cost you can check out this article on: workers compensation insurance.

IL Workers Compensation Classification Codes List

IL workers comp class codes - some of the most searched class codes are:

... because the cost for workers comp base premiums are lower in these classes than most others.

Following is a list of the IL workers comp class codes. Both the code and class description are listed in numerical order:

Workers Comp Insurance Articles

If you are looking for more information on workers compensation: Texas Workers Compensation For Restaurants.

Futher Reading On Worker's Comp Insurance

Workers Compensation Insurance Quotes

If you are looking for state specific Workers Compensation Insurance insurance quotes, costs and information: California Workers Compensation Insurance, Delaware Workers Compensation Insurance, Illinois Workers Compensation Insurance,Kentucky Workers Compensation Insurance, New Jersey Workers Compensation Insurance, New York Workers Compensation Insurance, Pennsylvania Workers Compensation Insurance, Texas Workers Compensation Insurance.

Want A Business Insurance Quote?

Request A Quote

Contact EK Insurance to find out how much commercial insurance costs.